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HomeMy WebLinkAbout12-00410 04-30-12 Financial SummarySEOPW COMMUNITY REDEVELOPMENT AGENCY FINANCIAL REPORT March.31, 2012 ATTACHMENTS I. COMBINED STATEMENT OF FINANCIAL POSITION — ALL FUNDS 2. COMBINED STATEMENT OF REVENUES AND EXPENDITURES SEOPW CRA Combined Statement of Financial Position March 31, 2012 Assets Cash - Unrestricted Cash Allocated For Administration Cash Allocated for Operations Cash Allocated For Residential Developments Cash Allocated For Camillus House Grant Cash Allocated For Other Redevelopment Expenditures (Job Creation, Quality of Life and Arts and Culture) Cash Allocated For Real Estate Acquisition Cash Allocated For Contribution to the Children's Trust Fund Cash Allocated For infrastructure Cash Allocated For Gibson Park and Indoor Basketball Court Total Assets Liabilities and Fund Balance Account Payables Due to FY 2011 Children's Trust Fund Contribution Due to General Operating Fund FY 2011 Fund Balance (Audited) Current Year Fiscal Year 2012 Total Liabilities and Fund Balance SEOPW $100,000 $1,013,886 $507,233 $14,426, 955 $2,000,000 $3,537,823 $581,50Q $4.65,702 $3 866, 614 $5, 048, 044 $31;547,757 $465, 702 $305,158 $24,480,990 $6,295, 906 $:31,:547, 757 SEOPW G:RA Combined Statement of Revenues and Expenditures for th:e period ended M.arch 31, 2012 SOUTHEAST OVERTOWN PARK WEST •FY 2012 FY 2012 FY 2012 AMENDED APPROVED AS END % of BUDGET OF MAR Budget Variance SUMMARY I REV.ENUES TAXINCREMENTREVENUES $4,951,081. $4,951,081 $1 $0 CONTRIBUTION .GOVTS=COUNTY $3,147,219 $3,147,216 $1 $0 CHILDREN TRUST FUND CONTRIBUTION $0 $0 OTHER"REVENUESICARRYOVER FB 2011 $24;480,990 $9,893 50 $24;471,097. TOTAL -REVENUES $324579,287 $8004,1+90 $0 $24,471,097 EXPENDITURES I COMMUNITY REDEVEXPENSES $31,48501 $1;507;126 $0. $29,958,275 .GENERAL GOVERNMENT $1,013,889 $305,158 $0 $708,728 BUDGET RESERVE $100;000 $0 '$100,000 TRANSFER.INT:O FY 20:12 'TOTAL -EXPENDITURES $32,579 287. $1;812,284 $0 $30 797,003 REV.ENUE.i ESS.EXPENDITURES $8,295;9.0.6 I I